Wellington Area Chamber Of Commerce
- Assets
- $13.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wellington, CO
- Founding
- 12/2005
- Data as of
- 12/2022
- EIN
- 20-3225068
Organization Overview
Wellington Area Chamber Of Commerce is located in Wellington, CO. The organization was established in 2005. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellington Area Chamber Of Commerce is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Wellington Area Chamber Of Commerce generated $88.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $108.6k during the year ending 12/2022. While expenses have increased by 16.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE OPPORTUNITIES FOR NETWORKING AMONG MEMBERS.PROMOTE LOCAL BUSINESS TO VISTORS AND TO THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Troy Hamman Chair | 0 | $0 | |
Mark Gabbart Director | 0 | $0 | |
Kristi Cannon Past Chair | 0 | $0 | |
Linda Kinzli Director | 0 | $0 | |
Josh Westmoreland Director | 0 | $0 | |
Nancy Harrison Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,332 |
| Total Program Service Revenue | $37,230 |
| Membership dues | $0 |
| Investment income | $303 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $300 |
| Other Revenue | $4,724 |
| Total Revenue | $88,889 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,462 |
| Professional fees and other payments to independent contractors | $4,850 |
| Occupancy, rent, utilities, and maintenance | $6,600 |
| Printing, publications, postage, and shipping | $6,713 |
| Other expenses | $41,015 |
| Total expenses | $108,640 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,808 |
| Other assets | $0 |
| Total assets | $13,036 |
| Total liabilities | $1,068 |
| Net assets or fund balances | $11,968 |